#RWA代币化 The Solana on-chain RWA (Real World Asset) scale grew by nearly 10% month-over-month in December to $873 million, with the number of holders increasing to 126,000. This growth trend is worth paying attention to. Looking at the details, BlackRock BUIDL and Ondo dollar products account for nearly 52%, indicating that institutional-grade US debt assets remain the main force. More interestingly, tokenized stocks like Tesla and Nvidia are accelerating their implementation, suggesting that the asset coverage of RWA is expanding.

Based on the current growth rate, Solana has the opportunity to become the third public chain after Ethereum and BNB Chain to surpass $1 billion in scale. From on-chain signals, after the approval of spot ETFs, capital inflows reached $765 million, and Western Union's stablecoin settlement platform plans to launch in the first half of the year—these are all pre-conditions indicating institutional adoption. If the CLARITY bill is passed in 2026, the tokenization process may accelerate, and Solana’s ecological advantages (transaction costs, speed) will further demonstrate their value in this expansion.

In the short term, SOL prices still have room for adjustment, but from both the capital and application perspectives, these infrastructure developments are worth continuous monitoring.